Eagle Strategies LLC grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 366,150 shares of the company’s stock after purchasing an additional 12,782 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 2.4% of Eagle Strategies LLC’s investment portfolio, making the stock its 5th largest holding. Eagle Strategies LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $15,957,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthcare Advisory Partners LLC grew its stake in Global X U.S. Infrastructure Development ETF by 10.1% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 129,430 shares of the company’s stock valued at $4,883,000 after buying an additional 11,866 shares during the last quarter. Simplicity Wealth LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $230,000. CX Institutional lifted its holdings in Global X U.S. Infrastructure Development ETF by 265.5% during the 1st quarter. CX Institutional now owns 461,893 shares of the company’s stock worth $17,427,000 after purchasing an additional 335,530 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $1,980,000. Finally, Laurel Wealth Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 5.5% in the 1st quarter. Laurel Wealth Advisors LLC now owns 62,518 shares of the company’s stock valued at $2,359,000 after purchasing an additional 3,245 shares during the period.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of BATS PAVE opened at $48.27 on Thursday. The firm has a market cap of $9.54 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The stock’s fifty day moving average price is $46.57 and its two-hundred day moving average price is $42.94. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26.
Global X U.S. Infrastructure Development ETF Company Profile
The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.
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